BOSS Wallet data source, ChainLink latest price news, LINK real-time price rose 2.14% to $26.22, transaction volume $9.137 billion
From the analysis of the K-line chart, we know that the current trend is oscillating. It has risen significantly compared to 07:00, rebounded compared to 04:00, and broke through the high point of 08:00. When the price rises but the trading volume decreases, it usually means that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of price decline at high levels and pay attention to whether trading volume can keep up with the price increase and whether there is new buying intervention.
The trading volume is decreasing, the price is rising. The Williams indicator indicates that there is no overbought or oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price is rising, and the trading volume is decreasing: the upward momentum is weakening.
The market's upward momentum has weakened. It is recommended to remain on the sidelines, be alert to the risk of price decline, and pay attention to changes in trading volume.
The above content is for reference only and does not constitute investment advice.